RubinBrown Public Sector Stats 2012

Kansas City Metropolitan Area

The 2011 results for the Kansas City area also reflect a slight economic improvement. The average increase in net assets for Kansas City municipalities was 2.2% in 2011, as compared with 1.9% in 2010. Of the 23 municipalities surveyed, only six (or 26%) reported a decrease in net assets in 2011, as compared with 38% in 2010. As illustrated in the tax revenue per capita chart, tax revenue for Kansas City municipalities increased from $765 per capita in 2010 to $773 per capita in 2011. Meanwhile, as illustrated by the expenses per capita chart below, expenses per capita for Kansas City municipalities decreased from $1,184 in 2010 to $1,156 in 2011. This combination of increasing revenue and decreasing expenses resulted in the favorable net asset increases noted above.

Finally, the Kansas City municipalities have maintained the same degree of liquidity as they did in 2010 and it remains strong. The average liquidity ratio for Kansas City municipalities was 1.95 in 2011, which is roughly equal to the average liquidity of 2.00 in 2010. Furthermore, seven of the 23 Kansas City municipalities reported a liquidity ratio of 2.0 or greater, and 16 reported 1.0 or greater.

Tax Revenues Per Capita

Expenses Per Capita

$1,100 $1,200 $1,300

$1,100 $1,200 $1,300

$1,184

$1,156

$999

$982

$1,000

$929

$1,000

$600 $700 $800 $900 $500 $400 $300 $200 $100

$600 $700 $800 $900 $500 $400 $300 $200 $100

$773

$765

$688

$660

$649

$0

$0

2007

2008

2009

2010

2011

2007

2008

2009

2010

2011

6 | RubinBrown Public Sector Stats 2012